QUESTION 18 OF 40 You have completed this earned value chart, which shows your project's planned value (PV), earned value (EV), and actual cost (AC). What does this chart tell you about your project? $6,000 $5,000- $4,000 $3,000 $2,000 $1,000 $0 1 →Planned Value (PV) Earned Value (EV) -Actual Cost (AC) 2 3 4 It is over budget and on schedule. 5 It is under budget and behind schedule. It is over budget and ahead of schedule. Weeks It is under budget and ahead of schedule. 6 7 8 9 10 11 12 Previous Next

QUESTION 18 OF 40 You have completed this earned value chart, which shows your project's planned value (PV), earned value (EV), and actual cost (AC). What does this chart tell you about your project? $6,000 $5,000- $4,000 $3,000 $2,000 $1,000 $0 1 →Planned Value (PV) Earned Value (EV) -Actual Cost (AC) 2 3 4 It is over budget and on schedule. 5 It is under budget and behind schedule. It is over budget and ahead of schedule. Weeks It is under budget and ahead of schedule. 6 7 8 9 10 11 12 Previous Next

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Q4: A project is considered to last for 10 weeks with a budget of $1,600,000. The cost behaviour of the project in its first 6 months is exhibited in the following table. The project progress is considered linearly proportional to time. Cost behaviour of the project in Q4: Cost data WK6 WKI WK2 WK3 WK4 WK5 Earned value to date ($) 150,000 300,000 480,000 900,000 1,200,000 1,480,000 Actual cost to date ($) 200,000 350,000 600,000 820,000 1,120,000 1,520,0000 a. Use the EV formulas to evaluate the project's progress performance over the six weeks.
Q.(i) . Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(a) Sales to earn profit of Rs. 8000.(b) Also show the BEPs in Breakeven chart. Q.(ii). Use the following information and explain that how the reduction in selling pricewould affect the MOS?Particulars Rs.Selling price per unit 40Material per unit 12Labour per unit. 8Variable Overheads per unit 4Total Fixed cost is Rs. 8, 000. Full capacity of the Plant is 5, 000 units.Reduced selling price is Rs. 32 per unit.
The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand. Item Lead Time Amounton Hand Direct Components End 1 0 L(2), C(1), K(3) L 2 10 B(2), J(3) C 3 15 G(2), B(2) K 3 20 H(4), B(2) B 2 30 J 3 30 G 3 5 H 2 0 Click here for the Excel Data File a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don’t need to develop an MRP plan.) b. An order for the end item is scheduled to be shipped at the start of week 8. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don’t need to develop an MRP plan.)
Question Table Q4 shows information for systems A and B. By using the information provided determine: Table Q4 Information on System A & B System A Output X1 unit per day Dollar spent Y1 per unit $ spent for day Kl per day Other cost Z1 per day System B Output X2 unit per day Expenditure Y2 per unit $ spent for day K2 per day Other cost Z2 per day a. Assuming that system A is stable, determine the following: i. The 100% output of system A, if the output per maximum is noted to be at 60%. ii. The unit of output considering losses, if the output of system A is 30% higher than the one given in Table above and the output per unit effective capacity is 0.65. iii. From (i), determine the new quantity (unit) of the output to reach an additional 20% increment in unit per maximum for system A. iv. The quantity (unit) of the output for A that should be able to be collected if the efficiency is 80%, the unit of the output is the same as (ii). b. Assuming that both systems are stable and operating…
• Total revenue $ 500,000• Wages and salaries $ 40,0000• Forgone salary $ 80,000• Interest paid $ 10,000• Forgone rent $ 10,000• Raw materials $ 50,000• Other payments $ 20,000• Forgone interest $ 7,000 ABC Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total variable cost is $15000 per day. Calculate the average fixed cost, average variable cost, average total cost and total cost at the current output level.
Please answer number 3.Engineering Economics
300 250 200 150 100 50 $ TC 30. The minimum Average Variable Cost is (a) $4 (b) $5 (c) $10 (d) $12 TVC TFC 0 Q 0 2 4 6 8 10 12 14 16 18 20 30 25 20 15 10 5 SA $ 0 0 2 4 6 8 10 12 14 16 18 20 MC AC AVC AFC Q
6:08 PM ě 3.5KB/s 1l 82 4G+ 01:52:56 Remaining Multiple Choice If breakeven point is 100 units, each unit sells for P30, and fixed costs are P1,000, then on a graph the: total revenue line and the total cost line will intersect at P3,000 of revenue O total cost line will be zero at zero units sold revenue line will start at P1,000 total revenue line and the total fixed cost line will intersect at P3,000 of revenue 56 of 64 II レ

Scatter Diagrams and High-Low Cost Estimation From April 1 through October 31, Coles County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The County Road Commissioner has asked you to help her in determining the variable labor cost of mowing and cleaning a mile of road. The following information is available regarding current-year operations: Miles Mowed Labor Month and Cleaned Costs April 240 S6,800 May 305 7,680 June 325 8,310 July 275 7,200 August 220 6,550 September 200 5,760 Оctober 75 4,960 Use the information from the high- and low-volume months to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 3,955 v + $ 13.4 v X Plot the data on a scatter diagram. Using the information from representative high- and low volume months, use the high-low method to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 9,181 x + $ 13.4 x x Adjust the equation developed in…
Using the Table below, what is the earliest completion time for this project? Activity Predecessor Time(weeks) A 8 -- B A C 4 D E A 11 F B 3 G DE.F 1 A) 20 weeks B) 21 weeks C) 19 weeks D) 18 weeks
1. A company in the process industry produces a chemical compound that is sold to manufacturers for use in the production of certain plastic products. The plant that produces the compound employ approximately 300 people. (12 pts) Develop a list of six different cost elements that would be fixed and a similar list of six cost elements that would be variable. FIXED COSTS VARIABLES COSTS 1. 2. 1. 3. 3. 4. 4. 5. 5. 6. 6. 2/345n6
Cost Analysis A company manufactures fuel tanks for cars. The total weekly cost (in dollars) of producing X fuel tanks is given by.. C(x) = 10000 +90x - 0.05x² %3D Find the exact cost of producing the 501st item. (Round to the nearest 2 decimal places, if needed) HINT: Steps to fiınd actual or exact (cost/revenue/profit) 1. Find the cost of x = 5003B 2. Then find the cost of x = 501%3; 3. Then subtract ASUS 3 近